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Clarendon Insurance Work Values
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Daily Duties at Clarendon Insurance:
● Prepared and analyzed workers’ compensation insurance programs with total premium and losses more than one billion ● Built P&L spreadsheet to process the calculation of ITD, YTD, QTD and MTD of both direct and ceded businesses of PW, PC, UPR, NPE, losses, ALEA andUALEA, IBNR and NLI by UY, AY and state on per policy and per claim basis ● Booked monthly direct and ceded businesses of PW, PC, UPR, NPE, losses, loss recoverable, reserves, commission payments and holdback to GAs and claimreimbursements to TPAs ● Reconciled G/Ls to bank statements and bordereaux, resolved the discrepancies between bank statements and bordereaux with GAs and TPAs ● Prepared workers compensation’s Statutory schedules such as Sch. P, F and state page ● Setup and requested Letter of Credit from unauthorized reinsurers for Sch. F ● Designed and built subledgers to keep tracking of ITD reinsurance billings and settlements for each reinsurer ● Cooperated with actuarial department to calculate and allocate IBNR to Clarendon and its reinsurers ● Coordinated with auditors and provide explanations on quarterly and yearly GAAP and Statutory reporting ● Worked with teammates to streamline existing processes and write VB to automate routine procedures
What they like about Clarendon Insurance:
A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.
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Information about Clarendon Insurance
Company Rank: Not Available
Average length of employment : 1 year
Average salary of employees: $102,727
These are some of the questions we asked our climbers about their experiences with Clarendon Insurance:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Did you feel like your personal contribution was important? | 0.0 |
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| Was your career path clearly outlined and discussed? | 0.0 |
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| I would recommend this as a place of employment. | 0.0 | |
| I believe in the purpose of this organization. | 0.0 | |
| I would work for this organization again. | 0.0 | |
| I feel employees are fairly compensated. | 0.0 |
